Albany, NY – At the start of the new year, New York is joining California, New Jersey and Rhode Island in requiring employers to give workers paid time off to care for a new baby or a sick loved-one.
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In New York, the benefit is funded by employee payroll deductions.
The new benefits will apply to 6.4 million private-sector workers and will phase in over four years.
In 2018, workers will be able take up to eight weeks of paid leave and receive 50 percent of their average wage, up to a cap weekly cap of $652.
When the phase-in is complete in 2021, they’ll be able to take up to 12 weeks at two-thirds of their average weekly wage.
Democratic Gov. Andrew Cuomo signed the policy into law in last year.
the benefit is funded by employee payroll deductions.
Another tax hike on the middle class
With all due respect, if Israel can afford this, surely, NYS can afford it as well. Well done.
Great! not only will high earners leave the state with the new tax bill but now businesses will leave in droves to other less taxed states.
Sounds great but who is going to pay. If it is payroll deductions workers are going to move where less is taken. New Yrok, Conn, Mass are bleeding their jobs because of the so call do gooders
Wonderful news. It is important that we have strong families that raise great children.